Register
A currency future is... a - an exchange rate. b - an exchange control. c - a contract. d - a floating currency.
425,137 views
14 votes
14 votes
A currency future is...

a - an exchange rate.
b - an exchange control.
c - a contract.
d - a floating currency.

User Brett Merrifield
by
3.1k points

2 Answers

17 votes
17 votes

Answer:

c

Step-by-step explanation:

a contract.

User Sisimh
by
3.3k points
13 votes
13 votes

Answer:

D

Step-by-step explanation:

Currency futures are a exchange-traded futures contract that specify the price in one currency at which another currency can be bought or sold at a future date. ... Currency futures can be used to hedge other trades or currency risks, or to speculate on price movements in currencies.

User Rafiki
by
2.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of answer choices bond interest is deductible for tax purposes. interest must be
Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow: (1) Work full time at a local accounting firm
Link Copied!